CIBC Market Return GICs (2 Year) due Nov 6, 2020
Available until October 31, 2018
Coupon
Amounts will be paid on each Coupon Payment Date during the term of the GICs
and will be equal to your Principal Amount multiplied by the Coupon Rate. You
will be entitled to receive the Coupon Amount on each Coupon Payment Date
regardless of the performance of the Asset. The final Coupon Payment Date will
occur on the Maturity Date. It is possible that you will only receive the
Coupon Amounts during the term of the GICs.
Variable
Interest, if any, will be paid at maturity and will be equal to your Principal
Amount multiplied by the GIC Return. The GIC Return will be equal to the Asset
Return multiplied by the Participation Rate, provided that if such number is
less than or equal to zero, the GIC Return will be equal to zero. No Variable Interest will be payable at
maturity unless the GIC Return is positive. If no Variable Interest is payable,
you will still be entitled to receive your Principal Amount and the final
Coupon Amount at maturity.
For GICs
linked to an underlying index (an “Index” and collectively, the “Indices”), the
Asset Return will measure the percentage increase or decrease in the Closing
Level of the Index, measured from its Start Level to its End Level.
For GICs linked to a portfolio of shares (each a
“Share” and collectively, the “Shares”) of the companies described on page 5 of
this Information Statement (each a “Company” and collectively, the “Companies”),
the Asset Return will be equal to the average of the Share Returns. The Share
Return for each Share will measure the percentage increase or decrease in the
Closing Level of each Share, measured from each Start Level to each End Level,
subject to a minimum Share Return of -25.00% for each Share.
FundSERV Code
|
Current GICs
|
Asset
|
Term
|
Annual Coupon Rate
|
Participation Rate
|
Issue Date
|
Maturity Date
|
CBL 3057
|
CIBC Canadian Market Return GICs
|
S&P/TSX 60 Index
|
3 Years
|
0.50%
|
60%
|
Nov 6, 2018
|
Nov 8, 2021
|
CBL 1703
|
CIBC Canadian Market Return GICs
|
S&P/TSX 60 Index
|
5 Years
|
0.50%
|
70%
|
Nov 6, 2018
|
Nov 6, 2023
|
|
|
|
|
|
|
|
|
CBL 3058
|
CIBC Canadian Financials Market Return GICs
|
Solactive Canada Bank Index
|
3 Years
|
0.50%
|
70%
|
Nov 6, 2018
|
Nov 8, 2021
|
CBL 1704
|
CIBC Canadian Financials Market Return GICs
|
Solactive Canada Bank Index
|
5 Years
|
0.50%
|
95%
|
Nov 6, 2018
|
Nov 6, 2023
|
|
|
|
|
|
|
|
|
CBL 2032
|
CIBC Market Return GICs
|
Portfolio of 10 Canadian shares
|
2 Years
|
0.50%
|
60%
|
Nov 6, 2018
|
Nov 6, 2020
|
CBL 3059
|
CIBC Market Return GICs
|
Portfolio of 10 Canadian shares
|
3 Years
|
0.50%
|
80%
|
Nov 6, 2018
|
Nov 8, 2021
|
CBL 1705
|
CIBC Market Return GICs
|
Portfolio of 10 Canadian shares
|
5 Years
|
0.50%
|
115%
|
Nov 6, 2018
|
Nov 6, 2023
|
A copy of the Offering Document may be obtained by clicking on the link below or contacting your investment advisor.